Common Contracts
2 similar null contracts by Southwest Royalties Inc
LETTERHEAD OF SOUTHWEST ROYALTIES] December 7, 1999Southwest Royalties Inc • October 17th, 2002 • Crude petroleum & natural gas
LETTERHEAD OF SOUTHWEST ROYALTIES] December 7, 1999Southwest Royalties Inc • October 17th, 2002 • Crude petroleum & natural gas
Southwest Royalties, Inc. and its affiliated companies (collectively, the “Company”) considers the maintenance of a vital management group to be essential to protecting and enhancing the best interests of the Company and its stockholders. The Company recognizes that, as is the case with many publicly held corporations, there is a possibility of a change in control of the Company, and that the uncertainty and questions which such a possibility raises may result in the departure or distraction of management personnel to the detriment of the Company and its stockholders. Accordingly, the Company’s board of directors has determined that appropriate steps should be taken: (a) to reinforce and encourage the continued attention and dedication of members of the Company’s management, including yourself, to their assigned duties without distraction in the fact of the potentially disturbing circumstances arising from the possibility of a change in control of the Company; and (b) to dispel any con
